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Old 02-28-2007, 01:44 AM
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xxDavidxSxx xxDavidxSxx is offline
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$jpy's daily atr is 125 now. I got 4 positions open on the bounce. Once they close out I'll probly take it off $jpy till daily atr goes down and volity is more sane. Looking back I didn't see anything smiler till 2005 12/14.
Might be a time to give back a little and protect capital. If this move happened over the coarse of days it wouldn't be bad. But it happened in hours, so counter moves can be fast and sharp.
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